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ONE:CHAPTER XVI. THE REIGN OF GEORGE III. (continued).
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In euismod quam ac dictum

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ONE:
TWO:The Emperor of Germany was delighted at the Spanish offer. He had always felt himself aggrieved by the conditions of the Quadruple Alliance. He was afraid of France, and hated George of England for his German policy. He had, moreover, embroiled himself with both England and Holland, by establishing at Ostend an East India Company, which was declared to be in violation of the Treaty of Westphalia, and was, at all events, regarded with particular jealousy by both England and Holland. This being the case, Ripperda, the envoy of Spain, a Dutch adventurer, who had been the tool of Alberoni, completed with ease a treaty with the Emperor at Vienna, which was signed on the 30th of April, 1725.
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TWO:Louis was succeeded for the time by the Duke of Orleans as Regent, who had other views, and was surrounded by other influences than the old king. He had secured the Regency in opposition to Madame Maintenon and the royal bastards. He changed all the ministers, and was not inclined to risk his government by making enemies of the English abroad, having sufficient of these at home. He had been for some time cultivating the good offices of the present English Government, which had offered to assist him with troops and money, if necessary, to secure the Regency. He had seen a good deal of the new Secretary of State, Stanhope, in Spain, and still maintained a correspondence with him. Lord Stair, the British Ambassador, therefore, was placed in a more influential position with the Regent, and the Pretender and his ministers were but coldly looked on. FORE:

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In euismod quam ac dictum

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ONE:[See larger version]In Massachusetts the colonists were more exasperated against Governor Bernard, on account of his letters reflecting on the Bostonians in the matter of the late riots, these letters having been laid before Parliament, and copies of them by some means procured and sent on by their agents. They declared that it was beneath their dignity to deliberate in the midst of an armed force, and requested Bernard to withdraw the troops, but he refused; and they, on their part, declined to vote supplies, on which he adjourned them to Cambridge. There, however, as Cambridge was only separated from Boston by an arm of the sea, they continued to protest against an armed force, as an invasion of the national rights of the colonists, and highly dangerous. Bernard soon announced to them his intention to sail for England, to lay the state of the colony before the king, and the house immediately voted a petition to his Majesty, praying him to keep him from coming back again. Bernard then called upon them to refund the money expended for the quartering of the troops; but that they pronounced quite as unreasonable as the Stamp Act, and finding them utterly intractable, Bernard prorogued the Assembly, and quitted the colony, leaving the administration in the hands of Lieutenant-Governor Hutchinson.
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A great portion of the present Session was[143] occupied with discussing the return to cash payments, which, by the Act of Parliament, ought to take place on the 5th of July of this year. It appears that no less than fifty debates and conversations in both Houses took place on this important subject during the Session. Very soon after the meeting of Parliament a secret committee of each House was appointed to inquire into the state of the Bank. These committees were, however, so managed, by delivering to the members lists of suitable persons for such committees, that scarcely any but Ministerial men were voted, though these votes were given by ballot. In the Commons this result was so evident that the Opposition declined to vote at all. The first reports of the committees went rather to close more strictly than to open the issue of gold by the Bank. It had been paying in gold its notes issued previous to January, 1817. This payment it was proposed to stop, as, at present, evidently injurious to the interests of the country. Mr. Peel, on moving for a Bill for this purpose, stated that the gold at the present price was fast finding its way abroad, and was as rapidly absorbed in re-minting a gold coinage for France. It appeared that during the first half of 1818 gold to the value of no less than one hundred and twenty-eight million francs had been coined at the French mint, of which three-fourths were derived from the gold coinage of England. A Bill was accordingly passed to stop payment altogether in gold till the necessary preparations were made by a fresh Bill. Still, the condition of the Bank was represented as flourishing. Its liabilities were stated in January, 1819, as amounting to thirty-three million eight hundred and ninety-four thousand five hundred and eighty pounds; its assets, including the debt due from Government, fifty-three million seven hundred and eighty-three thousand seven hundred pounds. The total Bank surplus appeared to be nineteen million eight hundred and eighty-nine thousand one hundred and twenty pounds; and its surplus, independent of the Government debt, and therefore available for current use, was five million two hundred and two thousand three hundred and twenty pounds. The committees adopted the scheme broached by Mr. Ricardo in his "Proposals for an Economical and Secure Currency," published in 1816. This was that the Bank, in the first instance, should not pay for its notes in gold coin, but in ingots of a certain weight, its fineness being attested by a stamp; and this degree of purity should be regulated from time to time till the gold descended to the Mint price of three pounds seventeen shillings and tenpence-halfpenny per ounce. When the Mint gold at length reached this rate of value, then the payment in coin was to be begun. Resolutions to this effect were moved by the Earl of Harrowby on the 21st of May, and they received the approval, not only of the Ministerial side, but of the leading Opposition members, Lords Grenville, Lansdowne, and King.Great attention was drawn at this time to the operation of the new Poor Law Act, which seemed, in some respects, repugnant to humane and Christian feeling, and was strongly denounced by a portion of the press. An attempt was made by Mr. Walter to get the stringency of the law in some measure relaxed, and on the 1st of August he moved for a select Committee to inquire into its operation, particularly in regard to outdoor relief, and the separation of husbands from their wives, and children from their parents. But it seemed to be the opinion of the House that the workhouse test would lose its effect in a great measure if the separation in question did not take place. The operation of the Act was certainly successful in saving the pockets of the ratepayers, for on a comparison between the years 1834 and 1836 there was a saving to the amount of 1,794,990. The question did not seem to excite much interest, for the attendance was thin, as appears by the numbers on the division, which werefor the motion, 46; against it, 82.Prince Ferdinand of Brunswick was more successful. He was at the head of an army of fifty-five thousand men, including ten or twelve thousand English, under Lord George Sackville. As the French had taken Frankfort-on-the-Main, he left the British and Hanoverian troops, amounting to twenty-eight thousand men, to watch the French, under Marshal de Contades, upon the Lippe, and set out to drive back the other divisions of the French, under De Broglie. He found these amounted to thirty-five thousand strong, but he did not hesitate to engage them at Bergen, on the Nidda, near Frankfort. After a hard-fought battle, he was defeated with a loss of two thousand men and five pieces of cannon. De Broglie pushed rapidly after him, formed a junction with Contades, and speedily reduced Cassel, Münster, and Minden. There appeared every prospect of the whole Electorate of Hanover being again overrun by them. The archives were once more sent off to Stade, ready for embarkation. But Ferdinand now displayed the superiority of his generalship. He left five thousand of his troops, with an air of carelessness, in the way of the French, who, unsuspicious of any stratagem, hastened forward to surprise them, when, to their astonishment, they found the whole of Ferdinand's army had been brought up in the night, and were drawn up behind a ridge near Minden.

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